Herb said short interest was rising recently, but the total short interest is even lower now at 4.90%.
What if they keep adding reserves to their balance sheet, but markets decline anyways? Will some of these actors like the BoJ go broke? Look at their balance sheet.
"They must continue to print to stave off the inevitable DEFAULT."
The is the twisted type of thinking that has come about as a result of this mania bubble.
Eventually that will be the case-the devaluation of the JPY is sending Japan's domestic economy down the drain.
It's not good for stocks-because this market has been ballooned by extensive debt leveraging on short-term interest rates. Hence, why they just talk about raising those interest rates versus real actions.
Sentiment: Strong Sell
So then why weren't you shorting the JPY in 2012 while it was in the 70 range?
Search 'Mozart Christmas' on Youtube and you can enjoy endless hours of music uninterrupted.
Someone screwed up if they didn't have the capital to maintain their positions through these bubbles-that hasn't happened here.